General News
Government Transfers GH¢4.35bn Cocoa Road Debt from COCOBOD to Roads and Finance Ministries
The Government has approved the transfer of GH¢4.35 billion in cocoa road liabilities from the Ghana Cocoa Board to the Ministry of Roads and Highways and the Ministry of Finance, following a comprehensive rationalisation exercise aimed at easing the Board’s financial burden.
Finance Minister, Dr Cassiel Ato Forson, announced that Cabinet has directed that the outstanding amount be moved to the two ministries for settlement. According to him, the decision forms part of efforts to restructure COCOBOD’s finances and restore stability to the cocoa sector.
Dr Forson disclosed that a joint review conducted by the Ministry of Finance and the Ministry of Roads and Highways significantly reduced the original liability from GH¢21.7 billion to GH¢4.35 billion. He explained that road construction projects undertaken over the years had contributed heavily to COCOBOD’s financial difficulties.
Between 2014 and 2024, COCOBOD accumulated substantial debts to contractors engaged in cocoa road projects. The Minister revealed that contracts worth GH¢21.5 billion were awarded between 2018 and 2021 alone, increasing the Board’s financial exposure.
He stated that the rationalisation process has now been completed, cutting down the liabilities and positioning COCOBOD to regain financial strength. The transfer of the remaining debt, he said, will allow the Board to concentrate on its core responsibility of purchasing and marketing cocoa.
As part of broader reforms in the sector, Dr Forson also announced that Government has secured a US$500 million facility from the World Bank to support agricultural road construction, including cocoa roads. The facility is expected to finance future road projects and prevent a recurrence of the financial strain previously placed on COCOBOD.
The United States Embassy in Accra has announced the release of more than 2,000 additional visa interview appointments over the next two weeks for applicants seeking B1 and B2 visas.
According to the Embassy, the newly opened slots are intended to support individuals planning temporary travel to the United States for business, tourism, family visits, and participation in major international events. Among the anticipated events is the 2026 FIFA World Cup, scheduled to take place across North America.
In an official statement, the Embassy encouraged prospective applicants to secure interview dates as soon as possible due to sustained demand for B1 and B2 visas. These visa categories cover short-term travel for business purposes under B1 and tourism or family visits under B2.
Applicants who already have appointments scheduled later in the year are also advised to log into the visa scheduling system to check for earlier availability and, where suitable, reschedule their interviews.
The Embassy indicated that the additional appointment slots are expected to help reduce existing backlogs and provide greater flexibility for travelers with time-sensitive plans.
Further details on application procedures, requirements, and appointment scheduling are available on the Embassy’s official visa information page at: https://gh.usembassy.gov/visas/
Ghana’s telecommunications sector may soon witness increased competition in the 5G space following a move by the National Communications Authority to amend the licence of Next-Gen Infraco.
In a press release dated March 4, 2026, the regulator announced it had issued a Notice of Proposed Licence Amendment to NGIC, seeking to remove the exclusivity clause that grants the company sole rights to operate in Ghana’s 5G segment. The Authority said the action was taken pursuant to Section 14 of the Electronic Communications Act, 2008 (Act 775).
If approved, the amendment would open the 5G market to other operators, allowing them to deploy the technology independently.
According to the NCA, the proposed amendment is in the public interest and intended to promote competition and innovation, enhance consumer choice and service quality, accelerate nationwide digital transformation, and ensure efficient use of spectrum as a national resource.
Under the law, the amendment will take effect 90 days from the date of the notice unless, after reviewing any representations submitted by NGIC within the statutory period, the Authority determines otherwise. The NCA emphasized that the process complies with due procedure and aligns with its mandate to regulate communications services in the national interest.
NGIC’s Commercial Rollout
The proposed regulatory change comes shortly after NGIC announced it had received clearance from the NCA to commence full commercial operations as Ghana’s wholesale 4G and 5G infrastructure provider. The company said the approval followed technical inspections confirming compliance with its Wholesale Electronic Communications Infrastructure Licence.
NGIC has deployed 49 operational 5G sites across the country. Of these, 43 are located in Greater Accra, with the remaining sites spread across the Ashanti, Western, Northern, Bono and Central regions. The network is currently live in selected parts of Accra, Kumasi and Tamale under a wholesale-first model, where NGIC builds and manages shared radio and core infrastructure, while mobile network operators provide retail services to customers.
Chief Executive Officer Tenu Awoonor described the rollout as a transition from planning to execution, stating that the shared backbone is now commercially active and positioned for expansion. He noted that the model is designed to coordinate infrastructure investment nationally while preserving competition at the retail level.
Chief Operating Officer Nenyi George Andah said the company’s immediate focus is on scaling coverage in a coordinated and sustainable manner. He maintained that the wholesale model supports faster national reach and more efficient capital deployment.
Technology partner Nokia also reaffirmed its role in the deployment. Mustapha Salah, Head of Central West and East Africa, Mobile Networks at Nokia, said the partnership would support the rollout of Ghana’s first neutral-host 4G and 5G network, enabling operators to deliver high-speed data services and new enterprise solutions.
Licence Fee Default
In a related disclosure, the NCA indicated that NGIC is in default of an installment payment under its agreed licence fee schedule. The regulator said it is addressing the matter in accordance with applicable statutory provisions.
The combination of a potential policy shift on 5G exclusivity and concerns over fee compliance marks a significant moment for Ghana’s telecoms industry. While NGIC’s wholesale model remains central to national broadband expansion plans, the regulator’s proposed amendment signals a possible recalibration aimed at deepening competition and optimizing spectrum management.
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